Attached files
file | filename |
---|---|
10-K - 10-K - KKR Financial Holdings LLC | a2202122z10-k.htm |
EX-32 - EX-32 - KKR Financial Holdings LLC | a2202122zex-32.htm |
EX-23.1 - EX-23.1 - KKR Financial Holdings LLC | a2202122zex-23_1.htm |
EX-31.2 - EX-31.2 - KKR Financial Holdings LLC | a2202122zex-31_2.htm |
EX-21.1 - EX-21.1 - KKR Financial Holdings LLC | a2202122zex-21_1.htm |
EX-31.1 - EX-31.1 - KKR Financial Holdings LLC | a2202122zex-31_1.htm |
EX-10.18 - EX-10.18 - KKR Financial Holdings LLC | a2202122zex-10_18.htm |
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Computation of Ratios of Earnings to Fixed Charges
(Amounts in thousands)
|
Year ended December 31, 2010 |
Year ended December 31, 2009 |
Year ended December 31, 2008 |
Year ended December 31, 2007 |
Year ended December 31, 2006 |
|||||||||||
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Earnings (loss): |
||||||||||||||||
Income (loss) before equity in income of unconsolidated affiliate and income tax expense |
$ | 371,766 | $ | 77,220 | $ | (1,077,601 | ) | $ | 205,000 | $ | 120,868 | |||||
Add: Fixed charges from below |
156,852 | 289,374 | 564,614 | 617,504 | 430,384 | |||||||||||
Total earnings (loss) before equity in income of unconsolidated affiliate, income tax expense and fixed charges |
$ | 528,618 | $ | 366,594 | $ | (512,987 | ) | $ | 822,504 | $ | 551,252 | |||||
Fixed charges: |
||||||||||||||||
Interest expense |
$ | 156,852 | $ | 289,374 | $ | 564,614 | $ | 617,504 | $ | 430,384 | ||||||
Total fixed charges |
$ | 156,852 | $ | 289,374 | $ | 564,614 | $ | 617,504 | $ | 430,384 | ||||||
Ratio of earnings to fixed charges |
3.4x |
1.3x |
* |
1.3x |
1.3x |
- *
- Losses exceeded fixed charges by approximately $513.0 million for the year ended December 31, 2008. The coverage deficiency for total fixed charges for the year ended December 31, 2008 was $1,077.6 million to arrive at a one-to-one ratio.
Computation of Ratios of Earnings to Fixed Charges (Amounts in thousands)